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“# Buterin’s $1B SHIB donation tricky to cash out, says fund manager ” Just $20 million of the $1 billion in cryptocurrency that Ethereum (ETH) co-founder Vitalik Buterin donated to a Covid-19 relief fund in India has so far been cashed out and distributed to aid recipients. Figuring out why the process is not as…
“# ETH’s trading volume grew much faster than BTC’s in first half of 2021 ” The world’s second-largest crypto asset has gained ground on Bitcoin in terms of trading volume growth during the first half of this year according to a new report. Ethereum’s trading volume grew faster than Bitcoin’s in the first half of…
“# ZKSwap’s V2 mainnet is set to go live tomorrow ” Decentralized cryptocurrency exchange ZKSwap has announced that its upcoming V2 mainnet will go live on July 28 via the Layer 1 Ethereum mainnet. A layer 2 launch is planned to occur sometime thereafter on Binance Smart Chain, Huobi Eco Chain, and OKEx Chain. This…
“# October 2020 Déjà vu? Bitcoin pullback at $38K has traders at odds over next move ” The wider cryptocurrency market entered a period of consolidation on July 27 following Bitcoin’s (BTC) brief spike above $40,000 the day before that helped ignite a rally across the market and brought a renewed sense of optimism to…
“# India to use Ethereum blockchain to verify diploma certificates ” The Government of Maharashtra recently announced a partnership with Indian blockchain startup LegitDoc to implement a credentialing system powered by Ethereum (ETH) for providing tamper-proof diploma certificates. In an effort to counter the rise in document forgery, the Maharashtra State Board of Skill Development…
“# Bitcoin price drop to $37K has analysts wary of calling a ‘trend change’ ” Bull market optimism returned to the cryptocurrency market on July 26 after Bitcoin (BTC) price rallied above the $40,000 level for the first time in over six weeks. Today’s rally to $40,581 was a continuation of the July 25 breakout…
“# Price analysis 7/26: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LTC ” Bitcoin (BTC) soared from $29,482.61 on July 21 to $40,000 today, its highest level since June 16. This sharp rebound shows a possible change in sentiment. The bulls received a boost on Sunday, following the news from an anonymous source…
“# Ethereum eyes rally to $3K with 39% ETH price rebound triggering a classic bullish pattern ” The price of Ether (ETH) jumped to a three-week high on July 26, triggered by similar gains in the Bitcoin (BTC) market that appeared in the wake of rumors about Amazon’s foray into the cryptocurrency sector. A job…
“# Top 5 cryptocurrencies to watch this week: BTC, ETH, ICP, AAVE, LUNA ” Bitcoin’s (BTC) recovery is facing stiff resistance near the $35,000 mark but Bloomberg Intelligence senior commodity strategist Mike McGlone remains bullish. In his latest analysis, McGlone said that the probability of Bitcoin hitting $60,000 is greater than the price dropping to…
“# Just HODL! Bitcoin and Ethereum outperform ‘lower risk’ crypto index funds ” In the past two decades, index and exchange-traded funds (ETF) have become some of the most popular forms of investing because they offer investors a passive way to gain exposure to a basket of stocks as opposed to investing in individual stocks…